South Africa’s CPI slows to 4.9 pct year/year in August

JOHANNESBURG South Africa’s headline consumer inflation slowed to 4.9 percent year-on-year in August from 5.1 percent in July, data from Statistics South Africa showed on Wednesday. On a month-on-month basis, inflation contracted 0.1 percent in August after rising from 0.8 percent in July. Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol [ ]